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20121201
20121231
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and the president to get their act together. the president took a red eye flight back from hawaii. why did congress and the president go on raication at all. >> yeah, we all go to work. >> there is nothing on the table . kelley. >> a lot of people feel they are left in the lurch by the president and congress. and they didn't get the job done . here's what we are facing. we are teetering on the edge of the fiscal cliff. there are many members in congress who disaagree raising of tax. the president had gone up to $400,000 when house speaker boehner would raise the tax hikes . but the sticking point is enments and spending. >> clayton: the republicans saying that the president and democrats not forth coming enough on entitlements. here's what will unfold in a few short days as we break this down to you. >> put your seat belts on, people. >> clayton: tax rates will hit these numbers and you go up to 120,000 . you will see 31 percent up to 36 percent . in these tax rates as they climb up. >> here's the bottom line. average tax rate of 2,000 to $4000. it is an additional 13,944 . millionaire's status whi
the fiscal cliff. happy new year. here's what you might have missed. president obama left hawaii early to get back to washington today. the senate is also coming back from christmas vacation today to work on a deal. now, sources tell us majority leader harry reid will push a scaled-back version of the fiscal cliff package that president obama laid out on friday, which moved the tax hike needle to $400,000. no word yet on when the house of representatives might come back, but democrats say the only hope we have of something getting through the house, the senate and the white house may be a very last-minute deal. cnn radio's lisa is following developments on capitol hill right now. the ball is in senate majority leader harry reid's court it would seem right now, lisa. >> that's right. harry reid and the senate seem to be the only game in town right now with the senate returning today. we also know from sources, ali, that over this christmas break there were no conversations between the president and top-level republicans. sources from both parties are telling us they are watching the senate, es
said he was quitting his job and selling his stuff and moving to hawaii. his mother does not understand what her son did and has no explanation. he is accused of killing a man and woman and wounding a 15- year-old girl. now the man, steven foresight was a husband and father of two. and the girl is recovering from surgery who was shot in the chest and the other woman who died was a hospice nurse. >>> he was gunned down tuesday night while unloading groceries from his own car, he had two grown children. >> just the kindest man ever. >> and he works hard, he is my role model. >> neighbors at the housing develop said they have been concerned about safety since the developer closed their offices this year. sun's family said they hope to help. >>> when the king tides will really -- when will the king tides really peek, good morning, brian. >> reporter: this is really calm right now but we expect the waters to rise and they are expected to peak later this morning. in terms of the king tides, they are a yearly event and they are expected in the colder months. but with respect, it is sometime 10
, negotiations. >> president obama is in hawaii for christmas. and says he'll cut his vacation short to try and hammer out a deal with congress. the deadline. now a week away. if congress fails to reach any agreement, income tax rates will go up on just about everyone on january 1st. unemployment benefits will expire for many as well. >> thousands of nurses will walk off the job today at nine bay area hospitals. nurses with sutter health's alta bates summit medical center are asking for negotiated labor contracts and improvements in patient care protections. such as staffing levels, health benefits, and sick days. strikers say hospital officials want to reduce the number of paid sick days for nurses and technicians, while eliminating health care coverage for those who work fewer than 30 hours a week. >> we will be right back. thousands of palestinians and international tourists are visiting bethlehem to visit christmas. and to celebrate-christmas. this is live at the we will be right back. >> watching wall street, this shorter trading day. they are open until just 1:00 p.m., not a lot to ch
, in baltimore. uncle earnie? waaay out in hawaii. but don't you worry, we will always be together for christmas. [ male announcer ] being together is the best part of the holidays and cheerios is happy to be part of the family. you just ate dallas! make a wish! i wish we could lie here forever. i wish this test drive was over, so we could head back to the dealership. [ male announcer ] it's practically yours. test drive! but we still need your signature. volkswagen sign then drive is back. and it's never been easier to get a jetta. that's the power of german engineering. get $0 down, $0 due at signing, $0 deposit, and $0 first month's payment on any new volkswagen. visit vwdealer.com today. . >>> it's 7:30. we are following more breaking news from the south bay. news chopper 2 is giving us these live pictures. first word that classes are canceled today at kennedy middle school, it has been canceled, classes canceled for today. also word that monta vista high school coopertino is also shut down, all of this because of threatening grafitti and i'm told we are flying over kennedy middle school. po
daniel inouye, about 1,000 people attending that memorial service in hawaii including president obama an the first lady. senate majority leader harry reid paying tribute to the war hero. >> inouye said my biggest challenge is to convince myself on this day i did my best. i can't think of a single day during the 30 yearsive known senator inouye that he didn't do his best. >> senator inouye was 88 years old and second longest serving senator in u.s. history. >>> no deelt in sight an the fiscal cliff is less than a week away. they are arguing who is at fault for the disagreement. steve centanni is live with more. >> no agreement but plenty of talk. push for a plan b saying the ball is now in the democrat's court there has been no movement toward any kind of deal. republicans can't spending cuts and one key republican says what they need now is leadership. >> if you want leaders the president has been a pathetic fiscal leader. i would vote for revenues including tax hikes to keep the country from becoming greece. i am not going to set aside the 1.2 trillion in cuts. >> the president spoke
is in the nation's capital this morning. so president obama's in hawaii. house speaker john boehner and other lawmakers have gone home for the holidays. what does all this mean for the chance of getting a deal done before the deadline? >> reporter: no doubt that president obama went to a warmer climate with the weather and probably a warmer climate politically. if there's any negotiating that will be done now, it will have to be done long distance for the next few days. we know that speaker boehner and president obama spoke in washington yesterday before they left. but when you hear their final words to reporters, it shows there is a continued public divide. >> the president and senate democrats have vowed to reject and veto all of our proposals while failing to offer responsible solutions of their own. but the president has -- what the president has offered so far simply won't do anything to solve our spending problem and begin to address our nation's crippling debt. >> in the next few days, i've asked leaders of congress to work toward a package that prevents a tax hike on middle-class amer
for the holidays, the president has gone to hawaii on vacation. white house correspondent brianna keilar tells us no one is really talking, anyone, to get this solved. at least not here at christmas. >> reporter: senate democrats are not in conversations right now with senate republicans or with house republicans. and this is problematic obviously because in order to avoid the fiscal cliff, you would need to find some sort of deal that would make it through the senate and the house and that would mean democratic and republican support. right now, all eyes on the senate because they will reconvene on the 27th that is thursday. and senate majority leader harry reid, it is up to him really to cobble together something that can get some of that support. right now the white house is still supporting a threshold of $250,000 back to their initial starting point for tax rates going up for those making more than that. but you can imagine, hala, that will be very hard for some republicans, maybe even some democrats to sign on to. >> right, and, you know, for just about a week ago, it was common to hear, oh
together, the two sides seem to be literally moving further apart. the president in hawaii for the holiday, congress left the capital with no deal in sight. jon karl is in washington. they needed to get it done before new year's to see this thing get done. has the time to have that happen already passed? >> well, it's getting -- there's not much hope out there. i gotta tell you. just over a week left, josh. and the speaker of the house and the president did not even speak over the weekend. the last time they had a conversation was a brief phone conversation on friday. no signs of progress on anything since then. there wasn't much before, as you know. now the white house is looking at a fallback plan. just a stop-gap bill they're hoping congress would do that would delay the tax increases on people making over $250,000 from going into effect. it would extend unemployment benefits and delay spending cuts going into effect on january 1st. even accomplishing that will be difficult. congress comes back two days after christmas. that gives them four dice come to an agreement and pass something.
was moving to hawaii. here's video from the scene. he is a semi- automatic rifle that he stole the day before the shooting from someone he knew. robbers killed two people and wounded a third before you took his own life. investigators say reds had no significant criminal history. police have arrested three people in connection with the fatal stabbing of 17 year-old former football star justice afoa. he was stabbed to death two years ago near the intersection of cedar boulevard and birds street and the word. 19 year-old daniela guzman, 31 year-old daniel howard and 2032 year old rafael told our were arrested on suspicion of murder. >> security firm mcafee announce that is average tacked on 30 u.s. banks has been planned. a gang of five rebel colonels and all this the visited chosen and that funneling money out a bank account from chase, citibank, and wells fargo and a pal as well as dozens of other large banks. prostate with its lights greproject let's craig has been successfully tested in at least 380 big bank accounts in the united states. the banks aren't commenting that are reportedly work
that you're on of the they were upset that they went on christmas vacations. the president went to hawaii and members of congress went home. both sides said we're going to come back to washington because we've got to solve the situation. i think what so many people are frustrated about is this is an ongoing situation. it's like every year we come to this point where we're talk being this cliff and this is what i think has angered so many voters and why congress has such a low approval rating. >> rick: they also got to this point because of their last time they did this. it was the last debt creating fight that deleted this thing. now they gave themselves an amount of time to work on it you and thought maybe last week there was a little progress being made. turns out there is not. we're back to exactly where we started at and we're eight days out now. >> clayton: you're right about that 'cause senator baucus, even back around thanksgiving, the senator from month month said oh, this is not going to get done, around thanksgiving. he said we will wait, as congress does, this will come to the
to hawaii to celebrate christmas with the first family, president obama tried to gifb lawmakers something to think about on their own holiday break. >> think about the obligations we have to the people who sent us here. >> nine days before the fiscal cliff and not a creature was stirring in washington. negotiations at an impass. the president says he hopes the holiday spirit will inspire a change of heart. >> everybody can drink some egg nog, have some christmas cookies. >> but republicans say the president's deal is jut too hard to swallow. >> the president's solution of raising tax rates would still be ready as far as the eyes could see. >> john boehner's plan b, raising taxes on americans making more than $1 million a year was scuttled by his fellow republicans. it's dead in the water with senate democrats. the president wants to lock in tax cuts for 98% of americans, but some house republicans refuse to raise taxes on anyone. for a few days though, both sides are setting aside the politics. >> i wish all the american people a blessed and merry christmas. merry christmas, everybody. >>
Search Results 0 to 11 of about 12